Our company has activity in Ferrous and non Ferrous Metals. We are serving with R50/R65 Scrap Used Rail, HMS-1&2 Mixed Scrap, Millberry Scrap Copper, Copper Cathode, Aluminum Ingot and Zing Ingot products. Also, We are working with Sabic company in steel used rail product. We have authorization from two distributors of Sabic. And, We have these authorization documents.
We do not accept the requests of intermediary institutions. It will only be the final buyer and the buyer should send the ICPO strictly. We do not accept LOI. !
The buyer will send us a ICPO. we will send SCO to buyer after the ICPO. Also, we will send our latest bill of lading document and certificate and sgs report with SCO to the buyer. But, firstly we have to understand whether the buyer is serious. !
Besides, if the buyer accepts our quotation, the buyer must send us BCL (Bank Comfort Letter). Because we have to make sure of the buyer's financial situation. If the buyer does not wish to send BCL, the buyer must issue the LC draft immediately after signing the contract. After issue the draft LC, the buyer can go and see the goods. And, the buyer has to activate the LC after seeing the goods. If the buyer does not activate the LC after viewing the goods, the penalty is applied. PB%
500.000M/T x 12 months
500.000M/T x 12 months : 6.000.000M/T
Loading port: Any port of Saudi Arabia
CIF - 230USD/MT
Origin: Saudi Arabia (SABIC)
Payment Terms: 100% LC(MT700) (Bank Letter of Credit) Irrevocable, Non-transferable, Non-divisible, auto revolving. Payable upon presentation of all shipping documents and SGS Inspection at destination Ports within 2 Days MAX.
We are looking for direct and end buyers only , mandates are not welcome .